Service & Supply

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US Silica Closes Acquisition Of Ottawa White Sand Acreage In Illinois

The land will add about 30 million tonnes of proven reserves of high-quality Ottawa White sand that will produce coarse and medium-to-fine grades for use in oil and gas proppants and in other industries.

Erin Pedigo
Tue, 05/24/2016 - 15:19
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Technip, FMC Technologies To Merge In All-Stock Deal

The transaction is expected to deliver annual pretax savings of at least $400 million as of 2019 and boost earnings per share significantly, the companies said in a statement on May 19.

Emily Moser
Thu, 05/19/2016 - 06:20
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Reliance Will Acquire FMC Technologies’ North American Wireline Assets

Reliance Oilfield Services has executed a definitive acquisition agreement in which Reliance will acquire assets within FMC Technologies Inc.’s wireline services business in Canada and the United States. Specific financial terms of the transaction were not disclosed.

Wed, 05/11/2016 - 08:37
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Ritchie's Oilfield Equipment Auction In Alberta Sets New Records

The world's largest industrial equipment auctioneer said on May 2 it set new company records for the number of sellers and registered bidders at its five-day Edmonton, Alberta, auction.

Emily Moser
Mon, 05/02/2016 - 11:38
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Baker Hughes To Buy Back Stock, Debt After Halliburton Deal Fails

Baker Hughes will get $3.5 billion as part of the merger agreement, which the companies terminated on May 1 after opposition from U.S. and European antitrust regulators.

Emily Moser
Mon, 05/02/2016 - 08:02
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Halliburton, Baker Hughes Scrap $28 Billion Merger

The tie up would have brought together the world’s No. 2 and No. 3 oil services companies, raising concerns it would result in higher prices in the sector. 

Sun, 05/01/2016 - 21:47
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Neos Enters Deal To Acquire CGG's Multi-Physics Business

The acquisition will transform San Francisco-based Neos into a "world leader" in the detection of natural resources, the release said.

Emily Moser
Fri, 04/29/2016 - 14:55
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Schlumberger Snaps Up Xtreme’s Coiled Tubing Drilling Units

Xtreme currently owns a fleet of 11 coiled tubing units in Saudi Arabia and the United States. The transaction is subject to customary closing conditions and is expected to close in the third quarter, Schlumberger said in the release.

Wed, 04/27/2016 - 08:33
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Wilks Brothers Adds To Stake In Canada's Trican Well Service

Wilks Brothers, a private Cisco, Texas-based company, bought about 3.1 million additional common shares in Trican on the Toronto Stock Exchange.

Emily Moser
Wed, 04/13/2016 - 07:46
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EU Regulators Resume Scrutiny Of Halliburton, Baker Hughes Deal

The European Commission, which halted its investigation into the $35 billion deal last month while waiting for more details from the companies, will now decide by Aug. 11 whether to clear or veto the takeover.

Emily Moser
Tue, 04/12/2016 - 07:45
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Wood Group Expands With Acquisition Of Houston's Ingenious

The acquisition provides a strong manufacturing operations management (MOM) systems capability that builds upon and diversifies the capabilities of Wood Group, the release said.

Emily Moser
Fri, 04/08/2016 - 07:55
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Schlumberger Wraps Up $15 Billion Merger With Cameron

The deal expands the Houston-based oilfield services giant into new territory in subsea and equipment manufacturing. The merger will result in the industry’s first complete drilling and production systems

Emily Moser
Mon, 04/04/2016 - 08:04

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